Massachusetts Is Leading The Way On Healthcare Cost Containment
This editorial describes legislation in Massachusetts that is designed to control spending on healthcare while preserving the high quality of care. The law puts a cap on healthcare spending for the first 5 years. Cost cannot grow faster than the commonwealth's GDP. Costs will be caped below growth in GDP afterwards. It will take a lot of work to implement the plan. Perhaps other states will follow the lead taken by Massachusetts when it implemented RomneyCare.